Medifast vs Gymguyz Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Medifast vs Gymguyz including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Medifast Franchise
Gymguyz Franchise
Investment $148,000 - $269,000$87,000 - $140,001
Franchise Fee $0 - $35,000$35,000
Royalty Fee -6%
Advertising Fee -2%
Year Founded 19802008
Year Franchised 20072008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Medifast Franchise
Gymguyz Franchise
Experience -You do not need experience. We will train you on how to manage your business and hire professional trainers.

Financing Options
 
Medifast Franchise
Gymguyz Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Medifast Franchise
Gymguyz Franchise
Training

Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs

On-The-Job Training: 16 hours Classroom Training: 40 hours Additional Training: Ongoing
Support

Real Estate, Construction and Business Development: Comprehensive Real Estate & Construction Manual Comprehensive Business Start-Up Manual Demographics research and site selection assistance Dedicated center start-up specialists General Operations Support: Program and product support teams Grand opening support Product ordering support Member management

*Newsletter *Meetings/Conventions *Toll-Free Line *Grand Opening *Online Support *Security/Safety Procedures *Field Operations *Proprietary Software *Franchisee Intranet Platform
Marketing

Corporate branding � corporate website, national TV, and national print Public relations support Best practices support in advertising and marketing, including print, radio, television, and local campaigns Lead management system Interactive content managed website for your local business Local search engine optimization and search engine management Social media resources and applications

*Co-op Advertising *Ad Templates *National Media *Regional Advertising *Social media *SEO *Website development *Email marketing *Loyalty program/app
Operations -Number of Employees Required to Run: 1 - 2

Expansion Plans
 
Medifast Franchise
Gymguyz Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Medifast

The need for quality healthcare continues to expand even during tough economies. This is a Ground floor business opportunity with a NYSE listed public company (MED:NYSE). With more than 30 years of experience we offer a proven and profitable business system to help people significantly improve their health. Clinically proven weight loss, guaranteed results, clinically proven safe and effective. We are seeking experienced business operators who are passionate about helping others. Inquire about territorial development opportunities. Seeking Area Developer Opportunities. Seeking Master Licensees.

About Gymguyz

GYMGUYZ is a mobile personal training and fitness company founded in 2008.

Now you can join GYMGUYZ in this growing and fast paced industry, with the first mobile fitness franchise.
Own a GYMGUYZ and we will help you shape your future.
Training to be a GYMGUYZ Franchisee includes:

The proven GYMGUYZ System
Pre-opening marketing & finding clients
Daily Operations and Processes
Financial controls & Point-of-Sale
On-going Marketing & Advertising techniques to develop your business

The first mobile, personal training and fitness franchise!

GYMGUYZ is Unique!
GYMGUYZ is not like any other gym or fitness program:

No membership fees
Every client receives a personal phone call on their Birthday
Daily text messages and email follow ups
First visit is always free & includes three assessments: 
A Body Assessment
A Fitness Assessment
A Nutrition Assessment
Every client receives their own individualized fitness program
All clients are re-assessed every 15 weeks giving our franchisees the opportunity to 
re-engage the client update programs to suit the client’s personal training needs
and ensure that the client is going to reach their personal goals

GYMGUYZ vans are outfitted with the latest, state of the art equipment and our trainers
are always ahead of trends in exercise and fitness
No two work-outs are ever the same.

Veteran Incentives  $5,000 off franchise fee
"Top
#83 in Gator's Top franchises.
#274 in Franchise 500 for 2020.